automotive

O’Reilly Automotive Sees Sales Accelerate as Car Buying Slows
O’Reilly Automotive Sees Sales Accelerate as Car Buying Slows
February 09, 2023  |  Retail

O’Reilly Automotive continues to enjoy increased sales — and hopes to expand — amid a car-buying downturn. The auto parts retailer announced in an earnings...

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Valvoline Looks to Double Retail Locations as Vehicle Maintenance Surges
Valvoline Looks to Double Retail Locations as Vehicle Maintenance Surges
February 07, 2023  |  Retail

Valvoline is seeing strong demand for quick and convenient oil changes and other automotive services. The preventative vehicle maintenance provider saw its system-wide same-store sales...

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The Future of Online Car Buying Is Omnichannel — With a 2-Week Test Drive
The Future of Online Car Buying Is Omnichannel — With a 2-Week Test Drive
February 06, 2023  |  Connected Economy

Of its many disruptions, the pandemic has driven car pricing and buying off a cliff, making room for innovators to create a digital shift. While...

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How the Switch to EVs Is Changing Driving and Payments
How the Switch to EVs Is Changing Driving and Payments
February 02, 2023  |  Payments Innovation

As the era of the combustion engine winds down, its payment logic appears increasingly outdated. In its place, electrification is ushering in alternative models for...

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Used Car Sector Faces ‘Challenging Year’ as Consumers Cut Spending
Used Car Sector Faces ‘Challenging Year’ as Consumers Cut Spending
January 31, 2023  |  Economy

Inflation and an uptick in new vehicle production have dampened the market for used cars. That’s according to a report late Monday (Jan. 30) from...

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TravelCenters Teams With Electrify America to Entice EV Drivers
TravelCenters Teams With Electrify America to Entice EV Drivers
January 30, 2023  |  Retail

TravelCenters of America is betting on electric vehicles (EVs) amid an industry-wide convenience store upgrade. The company — which operates TA, Petro Stopping Centers and...

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Capital One Helps Car Dealers Simplify Car Shopping With Digital Tool
Capital One Helps Car Dealers Simplify Car Shopping With Digital Tool
January 27, 2023  |  Loans

Capital One has launched a digital tool that helps dealers better understand consumers’ financial preferences upfront, creating a more transparent car buying experience. With the...

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Lloyds Parks $4.9M in Driving-Related App Caura
Lloyds Parks $4.9M in Driving-Related App Caura
January 26, 2023  |  Investments

Lloyds Banking Group has invested $4.9 million in “all-in-one” driving app Caura. The British firm announced the investment — its third in a FinTech company...

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EVs Buck Trend for Declining Auto Production in the UK
EVs Buck Trend for Declining Auto Production in the UK
January 26, 2023  |  Technology

U.K. car production was down nearly 10% in 2022 but electric vehicle (EV) production rose. Data published by the Society of Motor Manufacturers and Traders...

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